While many people are aware of the need for IHT planning, few still do anything about their potential liability. So few, in fact, that HM Revenue & Customs collected £3.1bn in IHT revenues in 2012/13 alone *.
IHT is just one of the many areas to consider when protecting your family and home – others include Capital Gains Tax, illness and loss of income. Assessing the right protection for your specific needs is essential to any wealth management solution.
*Source: HMRC Tax and NIC Receipts Report October 2013